ArmInfo. From a political point of view, the justification for the extension of the Turkish import embargo is weakening. Head of the Ministry of Economy Vahan  Kerobyan expressed a similar opinion during an interview on the  telegram channel on December 29. "And you see that from a political  point of view, the processes are proceeding according to a positive  scenario," he said.

ArmInfo.The Ministry of Economy intends to transform anti-crisis state assistance programs into development programs. Vahan Kerobyan, head of the country's  economic department, stated this in an interview on the telegram  channel of the Ministry of Economy.

ArmInfo.As of December 30, tax revenues to the state treasury of Armenia for 2021 were exceeded by 146 billion drams, or more than 10%. Chairman of the State Revenue  Committee (SRC) of the Republic of Armenia Rustam Badasyan announced  this on December 30 at the last government meeting in 2021.

ArmInfo.

ArmInfo.

ArmInfo. In 2021, the Armenian National Interests Fund (ANIF) and its subsidiary company Entrepreneur + State Anti-Crisis Investments Fund have implemented a  number of large-scale strategic projects. A number of new projects  will be launched next year, ANIF reports. 

ArmInfo.According to a revised forecast by the Central Bank of Armenia (CBA) 5.3% GDP growth is expected next year against 4.2% growth this year, with a downward  trend to 4.4% and 3.6% respectively in 2023 and 2024 (against the  7.4% decline recorded in 2020 and 7.6% growth in 2019). 

ArmInfo. Electricity tariffs will be raised in Armenia from February 1, 2022. 

ArmInfo.The highway connecting the Melikghyugh community, Aragatsotn province, with the M-3 highway has been completely renovated, reads a Facebook message  by RA Minister of Territorial Administration and Infrastructure Gnel  Sanosyan. The renovation work was funded from Armenia`s state budget,  the agreed cost being AMD 522mln (about $1,092,000). 

ArmInfo.As of December 20, 2021, 1 trillion 477.6 billion drams of tax revenues were allocated to the consolidated budget of the Republic of Armenia, which is 13.5%  or 176 billion drams more than last year.

ArmInfo.

ArmInfo. The Union of Banks of Armenia (UBA) and the Lessors Association of Armenia signed a memorandum on Monday. 

ArmInfo. Yerevan`s budget will total AMD 94,560.2mln (about $195mln) in 2022, Vice-Mayor Sergey Nersisyan said. 

ArmInfo. The oil and petrol prices will be rising, and it is not a prophecy, Gegham Gevorgyan, Chairman of the RA Commission for Protection of Economic Competition,  told reporters on Tuesday. 

ArmInfo. From next year, Armenia`s residents will be able to find necessary goods at the  lowest prices on the official website of the RA Commission for  Protection of Economic Competition, Gegham Gevorgyan, Commission  Chairman, told reporters on Tuesday. 

ArmInfo. The RA Commission for Protection of Economic Competition has initiated legislation to prevent deceiving price and discount schemes during the sales,  Commission Chairman Gegham Gevorgyan told reporters on December 28.  

ArmInfo. On the eve of the New Year, Governor of the Central Bank of Armenia Martin Galstyan made an appeal to the citizens and the business community of the country,  urging them to remain vigilant, since inflation in the outside world  is not weakening and 2022 contains tangible, as before, inflationary  risks and challenges.  So, as reported by the press service of the  Central Bank, Galstyan in his speech noted, in particular:

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ArmInfo.Prime Minister of Armenia Nikol Pashinyan took part in a reception organized at the Central Bank on the occasion of the New Year and Christmas. Nikol  Pashinyan congratulated the personnel of the Central Bank and the  banking sector of Armenia on the coming holidays, wishing them  success and all the best.  

ArmInfo.Today, RAPrime Minister Nikol Pashinyan received Tatyana Bakalchuk, General Director/Founder of the Russian online platform Wildberries.